AYA SOMPO Insurance rides on heightened demand for insurance for growth

The COVID-19 pandemic has raised awareness on the need for insurance among the Myanmar people and insurance providers in the country are innovating fast to capitalise on growing interest. “Most workers do not feel safe and worry about their health in the workplace as a result of COVID-19,” said U Zin Maung, an employee at […]

Crop insurance begins to take root in Myanmar

Local insurer Global World Insurance Co (GWI) is expanding its crop insurance pilot project with the signing of an agreement with a private contract farming business, U Soe Win Thant , the director of Global World Insurance, revealed. In 2016, Global World Insurance submitted a proposal on offering crop insurance to the Insurance Business Regulatory […]